Issued on behalf of VisionWave Holdings
NEW YORK – Baystreet.ca News Commentary – The U.S. Space Force received $26 billion in fiscal 2026 appropriations, with an additional $13.8 billion in mandatory spending for missile defense satellite systems under the Golden Dome initiative, pushing combined resources toward $40 billion and nearly doubling the service's funding from five years ago[1]. Congress simultaneously approved an $839 billion defense spending bill providing $27.2 billion for 17 Navy ships and $1.9 billion for the B-21 Raider stealth bomber[2]. VisionWave Holdings (NASDAQ: VWAV), Leonardo DRS (NASDAQ: DRS), AgEagle Aerial Systems (EagleNXT) (NYSE: UAVS), Unusual Machines (NYSE American: UMAC), and Sidus Space (NASDAQ: SIDU) are among the companies building these capabilities across space, air, and ground domains.
Across the Department of Defense, more than $9.8 billion has been directed toward autonomous and unmanned systems, while the Army's force protection spending surged 820.4% and the Air Force increased force application funding by 143.8%[3]. From space-based infrared payloads tracking hypersonic threats to NDAA-compliant drone platforms expanding into allied nations, the defense industrial base is scaling to meet requirements that did not exist a decade ago.
VisionWave Holdings (NASDAQ: VWAV) has entered into a $10 million Statement of Work for the development of qSpeed-Mine, a cryptocurrency mining acceleration and orchestration platform built on the company’s QuantumSpeed computational acceleration engine.
The fixed-fee, milestone-based SOW spans approximately 32 weeks, with $350,000 paid upon contract execution and the remaining balance tied directly to verified technical delivery and operational performance.
Approximately $1.0 million is earned through proof-of-concept completion, $6.0 million across scaled deployment and operational validation, and $3.0 million upon final delivery and full program acceptance. If milestones proceed as planned, the full $10 million in revenue is structured for recognition during calendar year 2026.
The platform targets existing mining infrastructure, designed to increase effective throughput and reduce non-productive overhead through advanced scheduling, orchestration, and latency reduction rather than requiring wholesale hardware replacement.
By improving how work is coordinated and executed across distributed systems, the platform aims to substantially reduce the cost of mining per unit of output.
The engagement calls for production-scale deployment across a distributed environment of up to 1,000 nodes, governed by reproducible benchmarks and KPI-driven acceptance gates. VisionWave views the SOW as the transition point for QuantumSpeed from acquisition thesis to paid commercial execution.
“This is about extracting materially more value from the infrastructure that already exists,” said Dr. Danny Rittman, Chief Technology Officer of VisionWave. “The goal of QuantumSpeed is to improve system-level efficiency by optimizing how work is coordinated and executed at scale, which directly impacts unit economics without changing cryptographic assumptions.”
VisionWave intends to use this engagement as the first commercial anchor for broader QuantumSpeed sales across additional compute-intensive markets, including AI/ML, defense, and large-scale infrastructure optimization. The company’s wholly owned subsidiary Solar Drone recently reported executive meetings in Italy advancing business development for drone cleaning solutions in select Middle Eastern markets, following live demonstrations of its patented high-pressure drone payload system across multiple Italian sites.
VisionWave Holdings also demonstrated real-world performance of SaverOne’s RF-based Vulnerable Road User detection before a major vehicle manufacturer, where the system identified pedestrians and flagged trajectory risks pre-visual contact, including detecting hidden individuals in darkness.
The company established a $7.0 million strategic exchange with SaverOne that could yield 51% fully diluted ownership, while continuing to advance its dual-market autonomous systems platform integrating QuantumSpeed with AI-driven sensing and autonomy technologies for defense, homeland security, and commercial infrastructure applications.
CONTINUED… Read this and more news for VisionWave Holdings at:
https://usanewsgroup.com/2025/09/11/the-ai-defense-technology-developments-potentially-relevant-in-2025-26/
In other industry developments:
Leonardo DRS was awarded a subcontract to provide infrared mission payloads for the Space Development Agency's Tracking Layer Tranche 3, part of the U.S. military's advanced missile defense program. Under the award, the company will design, build, integrate, and test a new generation of advanced infrared mission payloads enabling early detection and continuous tracking of ballistic missiles and hypersonic weapons through interception, while delivering precision fire-control sensing data to support missile interceptor systems.
"This award recognizes our innovative best-in-class technology, and continued investment in advanced space-based capabilities for programs such as the TRKT3 mission" said John Baylouny, CEO of Leonardo DRS. "These investments allow our people to push the boundaries of advanced sensing and space payload manufacturing to support a wide range of national security priorities."
Leonardo DRS is a leading provider of advanced cooled and uncooled infrared systems for the U.S. government and allied nations, with installed mission capabilities spanning ground, sea, air, and space domains. Advanced sensing technology remains a strategic focus for the company, supporting a range of national security efforts that integrate multi-domain sensing, secure communications, and laser technologies as demand for persistent global missile defense coverage continues to accelerate.
AgEagle Aerial Systems (EagleNXT) (NYSE: UAVS) announced the sale of one eBee VISION drone and one eBee TAC tactical mapping drone to a government customer in Canada, marking the first eBee VISION delivered to a Canadian UAS operator and expanding the company's North American defense and security footprint. The eBee VISION offers up to 90 minutes of endurance, a 12-mile wireless range, HD live video with 32x RGB zoom, and thermal imagery for day and night ISR operations, while the eBee TAC delivers centimeter-level mapping accuracy across up to 1,235 acres per flight.
"Canada is the world's second-largest country, spanning nearly 10 million square kilometers of diverse and remote terrain with vast coastlines and borders" said Bill Irby, CEO of EagleNXT. "Our drones efficiently cover vast areas in a single flight, delivering the long-range, persistent coverage needed."
The sale is significant amid tightening scrutiny on foreign-made drone technologies, including restrictions faced by Chinese-origin systems in sensitive governmental operations across Canada. Both platforms are on the Blue UAS Cleared List, the U.S. Department of War's vetted roster of NDAA-compliant, cyber-secure drones meeting stringent supply-chain security standards, positioning EagleNXT to capture growing demand as Canada's drone sector expands across defense, agriculture, and infrastructure monitoring.
Unusual Machines (NYSE American: UMAC) recently announced it received a $2.1 million purchase order supporting domestically assembled drone systems for defense and government applications, reflecting continued customer demand and a growing cadence of orders as programs move into execution. The order includes Rotor Riot Brave flight controllers, Brave ESCs, Fat Shark Aura analog cameras, Aura video transmitters, HDO+ headsets, and motors for integration into customer drone platforms operating under compressed government timelines.
"We've built our operations for visibility and control" said Drew Camden, COO of Unusual Machines. "By aligning people, processes, and capacity early, we're able to execute quickly when timelines matter. That agility allows us to move alongside our customers as requirements take shape, rather than waiting for decisions to be finalized."
The full $2.1 million order is expected to be fulfilled across the first and second quarters of 2026, supported by existing manufacturing capacity and inventory readiness. Unusual Machines continues positioning itself as a dominant Tier-1 parts supplier in the fast-growing NDAA-compliant domestic drone industry, with the order reflecting a broader industry shift toward secure, domestically sourced components as the global drone accessories market, currently valued at $17.5 billion, is projected to surpass $115 billion by 2032.
Sidus Space (NASDAQ: SIDU) announced the signing of a Memorandum of Understanding with Simera Sense, a leading provider of optical payloads and data analytics for satellite Earth observation. The agreement outlines a strategic collaboration to develop next-generation hyperspectral imaging solutions incorporating onboard data processing and analytics, with the goal of enabling commercially deployable, intelligence-driven Earth observation missions for government and commercial customers worldwide.
"Partnering with Simera Sense allows us to advance hyperspectral mission capabilities by supporting intelligent processing adjacent to the data source" said Jim Larson, SVP of AI Strategic Initiatives at Sidus Space*. "This collaboration reflects our commitment to flexible, partner-driven solutions that can be adapted across a wide range of mission architectures, use cases, and customer needs."
The partnership combines Simera Sense's advanced xScape imaging product family with Sidus Space's integrated FeatherEdge hardware and Cielo AI software to enable direct in-orbit data processing, reducing reliance on ground-based systems and shortening time to actionable insight. By embedding intelligence at the point of data collection, the system enables autonomous analytics and scalable deployment across multiple satellites and constellations, reinforcing Sidus Space's strategy to move up the Earth observation value chain from raw data acquisition to intelligence delivery across commercial, civil, and defense markets.
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SOURCES CITED:
1. https://spacenews.com/defense-appropriations-bill-for-2026-funds-space-force-at-26-billion-presses-pentagon-on-golden-dome/
2. https://www.defensenews.com/congress/2026/01/20/us-lawmakers-release-839b-compromise-defense-spending-bill/
3. https://www.washingtontechnology.com/opinion/2026/02/dods-66b-it-budget-pivots-ai-and-efficiency/411370/
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